Switching recruitment provider | Bibby Financial Services

Working in partnership with our clients

With over 35 years of funding recruitment businesses, you can be assured that you’ll receive a personal service from our experts, who work in partnership with you to provide the funding and support you need. Developing a mutual understanding is our foundation for a successful relationship, so we have a greater understanding of your business needs now and in the future. Our clients also value the reassurance that by working with us they are complying with all appropriate legal and regulatory requirements.

Peace of mind when you choose our back office support

We understand that to grow and develop your business, you need to focus on the activities that help you generate income, like finding new candidates or new client contracts. That’s why we offer back office support as well. This means we can free up your time, providing support to manage and pay candidate wages, issue pay slips, invoice clients, collect client payments and maintain statutory records.

Why you should consider us

If you already work with a Recruitment Finance provider, or have used Recruitment Finance before, at Bibby Financial Services we think it makes good business sense to undertake a finance health check each year to make sure your needs are being met by your current provider.

A trusted, professional financial services partner to over 10,000 businesses across the world, we’re proud to feature in the Sunday Times Top 100 Best Companies and be awarded the Best Banking and Financial Services supplier at the 2017 Recruitment International Awards.

If you’re considering a new Recruitment partner, we can offer a complete solution to free up times so you can concentrate on what you do best - finding candidates and clients:

A dedicated team of experts who have a detailed understanding of the recruitment sector.
Funding up to 100% of the cash in your invoices with no long-term contracts and one simple fee as a percentage of your turnover.
Support with back office and payroll management through RSM Employer Services Ltd, who we’ve partnered with for over 10 years.
Timesheet management options; online, mobile, paper, .csv file, QR code or bulk entry.

Payroll management, calculating and paying candidate wages, issuing e-payslips and submitting payments for National Insurance and PAYE.
Administration of invoices on your company letterhead to your clients.
Access to a complete credit control service to assist with collections.
Statutory records and complete end of year returns for full compliance.
24/7 access to real-time reports so you have an accurate view of how your business is performing.

We’re here to help our clients be profitable and generate sales and growth. Great communication matters and we have regular conversations to understand their finance cycle and order books. The more we know, the more we can add value because I understand where my client’s business is going and what they need. Huw Marsden, Bibby Financial Services Relationship Manager

Additional support

There is also the option to add additional products that our Recruitment Finance clients can benefit from, which include:

Foreign Exchange takes the complexity out of exchanging money in over 65 currencies at a highly competitive rate.
Asset Finance to help with any equipment purchases or to or release cash from assets you already own
Bad Debt Protection to give you reassurance and protect your cashflow if your clients are unable to make payment or become insolvent.